Truemors
is reporting from
Member
NP Rank:
NP Rank:
Brazil acted fast to protect small banks
Trying to prevent the Brazilian economy to be contaminated for the global credit crises Brazilian Central Bank has acted early last week bringing more cash to the economy. " Brazil's central bank acted quickly to...
Europe bails out banks, UK wants new Bretton Woods
" LONDON (Reuters) - Governments across the world launched multi-billion dollar bailouts on Monday to shore up tottering global banks and Britain called for a new Bretton Woods agreement to reshape the world... MUFG buys 21 percent stake in Morgan Stanley
" NEW YORK (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) said on Monday it bought a stake in beaten-down Morgan Stanley, though at more favorable terms, as the U.S. government reportedly offered to support the Japanese bank's investment. Mitsubishi UFJ, Japan's...Wall Street rises on bank rescues, Morgan
" NEW YORK (Reuters) - Stocks rose on Monday as a push by governments around the world to pump money into the clogged banking system sparked relief among investors and credit markets showed signs of loosening up. The Dow Jones industrial average .DJI was up 404.29 points,...UBS to Cut 2,000 More Investment Banking Jobs
" UBS said on Friday it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely. The news on Friday comes just a day after the world's... Pastors to Endorse Candidates from the Pulpit on Sunday
By Albert N. Milliron On Sunday, September 28th a test of the First Amendment will ring from Churches all over the United States. Pastors will compare the Biblical record with the two candidates running... The Case Of The “Disappeared” Minority Subprime Borrower
Minorities, the target of Subprime Loans, are now the major losers. A disaster that effects us all. See the report: "Foreclosed: State of the Dream 2008 – examines the racial bias of the subprime mortgage lending crisis, and the resulting huge wealth loss to people of color... Paulson to Urge Congress Not to Delay Bailout
Treasury Secretary Henry Paulson plans to urge Congress, in testimony on Tuesday, to not weigh down a proposed $700-billion financial system bailout with unrelated provisions that would delay addressing key issues. "We saw market turmoil reach a new level last week, and...Scotiabank Aids Walk For Life Vancouver, Sept 21st
"AIDS doctors, politicians, take aim at Tories Updated: Mon Sep. 22 2008 09:57:52 ctvbc.ca In the fight against AIDS every step counts. That was proven today at the 23rd annual AIDS Walk for Life, where... U.S. Drowning After Orgy of Debt
From Toronto, the home of Bay Street, Canada's Wall Street, comes this outsider's pointed analysis of the titanic con-game behind the casino mentality and ponzi schemes of the banker swindlers as their greed caused... Putin & Europe, stability, energy and space. U.S. isolated ?
Investment Forum Sochi, black sea Sept-19 Russian and French Prime Ministers, Vladimir Putin and Francois Fillon, met on the sidelines of the investment forum in Sochi on Friday and co-chair the bilateral... Morgan Stanley, Goldman Sachs and HBOS: Caught in the Mortgage Quagmire
More large financial institutions are getting mired in the bog of the morgage crisis, including US institutions Morgan Stanley and Goldman Sachs, and UK mortgage lender HBOS."Shares of the two largest U.S.... The United Socialist States of America
With the US Treasury Department's purchase of Fanny and Freddie, the fading facade of capitalism has finally been torn away in the USA and the unmasked visage revealed is one that appears uncannily like an older,... Sept. 11 Version of 'Space Invaders' Draws Fire at Video-Game Convention
Is this "art" or is it just tasteless, tacky, and insulting? There's bound to be an uproar over this use of 9/11 as "installation art."Was that uproar the purpose? This might have been just a way of getting attention."Attendees at the Leipzig Games Convention in eastern... Insurer AIG reports $5.4bn loss
Sub-prime credit crunch and homes on salehits second line. American International GroupAIG has to write down $ 5.4 bn relate tomortgage investments. Top Ten list write downs total $ 278 bn (view bottom) " ...
Recent Comments
Top Members Today
Top Rookies
Top Veterans
244
pointsAmitjha
new delhi, India
180
pointscampanaro
San Diego, California, United States
113
pointsfrancisrivera
Santa Rosa, Philippines
